Wednesday, March 21, 2012

the pugmarks (21mar)


21 march, EoD
fii's were net buyers today (9th day in a row and for 30th time in last 35 trading sessions)
dii's were net sellers today (7th day in a row and for the 33rd time in last 35 trading sessions)
shocking statistics!
who so ever blinks now, will decide the direction of the market in a big way!
if fii's finally starts selling too, who saves the market?
if dii's finally start buying too, who stops the market?
---

see the data of past 2 months.
dii's have been blatantly opposite to the trend.
and fii's have been making the trend.
this thing is beyond doubt and argument.
chances are that fii's will bulldoze the dii's.
there is a limit to how much you can sell,
but there is no limit to how much you can buy
given the unlimited supply of cheap funds with fii's.
also, if buyer is making the trend, he would not let the trend reverse after buying.

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